Corporate | 5 September 2012 07:30
|
SINGULUS TECHNOLOGIES AG / Key word(s): Miscellaneous
Press release SINGULUS TECHNOLOGIES Continues To Expand Market Positions – Focus On External Growth – Positive trend for Blu-ray technology confirmed at IFA – New production machines for photovoltaics to be presented at 27 th EU PVSEC – Semiconductor segment continues to grow – Several companies in the focus for acquisitions – Growth strategy for 2013 Kahl am Main, September 5, 2012 – The SINGULUS TECHNOLOGIES AG (SINGULUS) continues to expand its activities in all three core segments. In the Optical Disc division activities focus on the growth of the service activities as well as on the machine market for Blu-ray. The reported market figures confirm SINGULUS' decision. On the occasion of the IFA the GfK reported that the volume sales of Blu-ray players in Germany increased by 25 percent compared with the previous year. On August 30, 2012 the market research company Screen Digest released that Germany has grown into the biggest market for 3D Blu-ray discs. Although the UK remains the largest overall market for physical media, it is expected that German consumers will buy 1.37 million new 3D Blu-ray discs and therefore trump the UK market. Due to the favorable development SINGULUS continues to see good market opportunities for Blu-ray machines. Together with the sales contributions from the service activities SINGULUS will generate good earnings contributions from this segment in the next couple of years.
New production machines for photovoltaics to be presented at 27
th
EU PVSEC
SINGULUS is the globally leading supplier in the area of vacuum coating machines for MRAM wafer, write/read heads and other semiconductor applications. The company is excellently positioned for the expected industrial production of MRAM wafers in particular. For the business year 2012, the order intake in the Semiconductor division exceeds a total amount of EUR 20 million. Correspondingly, more machines were sold in the first half of 2012 than in the previous three business years together. For the first time, SINGULUS is projecting positive segmental earnings for the current business year. Due to the inquiries from potential customers and the promising talks about concrete projects the company is anticipating additional conclusions of contracts in the coming months.
Several companies in the focus for acquisitions
SINGULUS' goal is to accelerate the company's growth with this.
Growth strategy for 2013
End of Corporate News 05.09.2012 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
| Language: | English | |
| Company: | SINGULUS TECHNOLOGIES AG | |
| Hanauer Landstrasse 103 | ||
| 63796 Kahl am Main | ||
| Germany | ||
| Phone: | +49 (0)1709202924 | |
| Fax: | +49 (0)6188 440-110 | |
| E-mail: | bernhard.krause@go-metacom.de | |
| Internet: | www.singulus.de | |
| ISIN: | DE0007238909 | |
| WKN: | 723890 | |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart | |
| End of News | DGAP News-Service |
|
|
| 184198 05.09.2012 |